| Balance Sheet | A report of financial condition, including assets, liabilities and net worth. |
| Balloon (Payment) Mortgage | Usually a short-term fixed-rate loan which involves small payments for a certain period of time and one large payment for the remaining principal balance, due at a time specified in the contract. |
| Basis Points (BP) | 1/100th of 1% expressed as margin over index rate. |
| BC & D Lender or Loan | The term BC & D is a rating of the loan. |
| Bond Financing | A type of financing that is a promise to repay the principal along with interest on a specified date. |
| Bridge Loan | If a purchase arrangement involves the sale of one property and the purchase of another it will normally be most convenient if the two deals are concluded simultaneously. If this is not possible and the purchase of the second property is to be concluded before the sale of the first is completed then additional financing may be necessary. This is a 'bridging loan' & it bridges the gap between the two transactions. |
| Business Loan | A loan arranged by a bank or Capital Sources Group to fund a business venture. Typically, early business loans begin with personal or family loans, followed by SBA (Small Business Administration) or bank loans. |
| Buydown | The process of paying additional points on a loan to reduce the monthly mortgage. |
